I wish you deflationists would open your eyes. These items are at or near record high:
electricity
medical
new cars
houses
rents
college tuition
stock market
price of treasury bonds
construction projects
Heck I wish the cost of construction projects would be cut in half for crying out loud. There are tens of thousands of infrastructure projects on the shelf waiting for funding. If the cost to construct were to go down (DEFLATION) we would have more projects and more jobs. It is so simple.
The Swiss Nat. Bank destroyed a “few hundred thousand jobs” – absurd. A strong currency is good for a nation.